When I read the acquisition announcements there didn't seem to be any such allocation. So not as I see it.
My reading of events is Scott Beeton resigning just left them, 1 director, short of the requirement of 3 as I understand it.
Plus as the two remaining were on opposite sides per the voting recommendations it could be a stalemate. This should all resolve itself at today's meeting as I suppose the vote re SB won't go ahead I presume and it will possibly result in the appointment of the nominated person to the board which would reestablish the 3 required.
In regard to your comment wanting an offer I would have hated it - I think the share price has been depressed because of the board room fight and that would have meant a lower offer. Put this behind and get some runs on the board and then maybe it's a good idea. However, I think this could become a nice little earner with a good dividend flow.
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 1500 | 1 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |
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